Centrifuge crypto falls 14% as RWA demand slumps – Can CFG rebound?

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Centrifuge (CFG) plunged more than 14% in 24 hours, falling from $0.1672 to $0.1379, amid negative sentiment in the real-world assets sector. The monthly asset transfer volume on-chain dropped from $11.67 million to $281,000, while the transfer count declined by 67%. Net flows were negative with USD outflows exceeding $2.25 million, and TVL settled at around $1.709 billion, down from over $2 billion in April.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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